TORONTO Feb 17 (Reuters) - Canada's Shopify Inc
, a maker of software that helps retailers manage online
stores, forecast a sharp jump in 2016 revenue as the company
reported a record number of new merchants signed up for its
service in the fourth quarter.

The Ottawa-based company, which went public in May, said the
total value of sales processed on its platform more than doubled
from a year ago, hitting $2.8 billion in the quarter that
includes both post-Thanksgiving and Christmas shopping.

Its U.S.-listed shares surged 19 percent to $24.47 and it
jumped 18 percent to C$33.58 in Toronto in early trade on
Wednesday.

The company's founder and chief executive, Tobi Lütke, said
Shopify had "cracked the code" on mobile commerce, with almost
half its orders in the quarter made via mobile phone.

Shopify has in recent months struck deals allowing retailers
to sell products from Amazon.com and from social media
networks operated by companies including Facebook Inc,
Twitter Inc and Pinterest.

The company has also partnered with taxi-hailing service
company Uber for its UberRUSH same-day delivery
service.

"This company will never ever be limited by its ambitions,"
Lütke told investors and analysts on a conference call.
Continued...